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Infiniti G37 Lease Questions

4725 messages, Last post on Dec 07, 2009 at 9:27 PM
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Replying to: sprinkler13 (Jan 05, 2007 4:29 pm) |
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Replying to: sprinkler13 (Jan 05, 2007 4:29 pm) |
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Replying to: mikeone (Jan 05, 2007 6:16 pm) |
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I received a quote with the following numbers in Las Vegas: 39 month lease 15,000 miles/year 0 down $569 (includes tax of %7.75) $19,902.40 Residual I would greatly appreciate any feedback. Thank you very much.
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I am about to get into a G35 Sport fully loaded (all option packages) but I don't know whether to lease or buy, since I have never leased before. I tend to keep a car for 5 years or so (my last car was 7 years) and I know that the guidelines say "Buy." But here's the catch. I read that Infiniti will probably have a hard top convertible version of the G35 in the next year and a half. That's the car I REALLY want. So my plan is to keep this one for the next 2 years and then buy the hard top convertible, since I don't want to make car payments for life, which is what leasing does. The price of the G35 I am about to get into is $39,350 plus tax and license in California. I planned to put down $20,000 and take out a loan for the balance over 5 years, which should put my payments in the mid-$400's (my credit union offers a 5.99% loan). I was quoted a price of $750 (approx.) for a 2 year no money down lease with 15,000 miles. So which does it pay to do? Buy the car with $20,000 down and $450 month payments and trade it in in 2 years to buy the hard-top convertible or lease for 2 years and just drop off the car and then buy the convertible?
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Replying to: heymjo (Jan 12, 2007 4:42 pm) Now, that being said, I tend to think that if you aren't keeping a car more than 5 years then leasing isn't a bad idea. Granted, some cars hold up better and are still a better value residual wise. But if you know for sure you only want the car for 2 years, then you might want to lease. But you should definitely be able to get that price down some more for a lease. |
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Replying to: heymjo (Jan 12, 2007 4:42 pm) |
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Replying to: milfedout (Jan 03, 2007 11:59 pm) thank you I hope you can answer my question.
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Can anyone tell me whats the money factor and residual on 24 months for 2007 infiniti g35 sedan?
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